Insurance

Extended Term Insurance

Term insurance is a type of policy that offers an option to continue the insurance for a specific amount even after the policy has ended. This option is known as term insurance and is included in certain policies. It allows the insured to continue their coverage for a predetermined amount according to the policy's conditions. This is a valuable option to consider when choosing a policy and can provide additional security and peace of mind for the insured individual.

Related terms

Indirect loss

Understand the meaning and definition of Indirect loss in the context of stock market, trading, and investments.

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Face amount

Understand the meaning and definition of Face amount in the context of stock market, trading, and investments.

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Static risks

Understand the meaning and definition of Static risks in the context of stock market, trading, and investments.

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Self-insurance

Understand the meaning and definition of Self-insurance in the context of stock market, trading, and investments.

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Common law

Understand the meaning and definition of Common law in the context of stock market, trading, and investments.

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